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Using Information from the balance sheet and income statement below, calculate the following: a . Days' sales in inventory b . Days' sales in receivables
Using Information from the balance sheet and income statement below, calculate the following:
a Days' sales in inventory
b Days' sales in receivables
c Days' costs in payables
d Total asset turnover
e Profit margin
f Return on assets ROA
g Return on equity ROE
tableASSETSBalance SheetCurrent Assets,Liabilities & Owners' Equity,CashCurrent Liabilities,Accounts Receivable,$Accounts PayableInventory$Notes PayableTotal$ Total,$ Longterm debt,Fixed Assets,Owners' Equity,Net Plant & Equipment,Common Stock and paidin surplus,Total Assets,$Total
tableIncome StatementSales$
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